Senior Independent Living

[Karen Margrave]

Does anyone invest in Active Senior Living that are all in a large building with common area dining and gathering areas, etc.?  (not assisted living needing medical care)  If so, what is your criteria? Any other information you can share on the subject? 

[Sara S Jung]

@Karen Margrave

If doing an active adult community, similar to independent living but residents are self sufficient and want a simple lifestyle, good amenities are a must. Higher end luxury amenities will attract seniors that will choose that lifestyle. It depends where on the spectrum of costs and what you’ll be charging per bed, I worked with a developer that has done active adult projects and they made it like a high end resort.